Research & Analysis

CAMDEN, N.J. - Campbell Soup Company today announced that it has agreed to purchase Ireland's second largest dry soup business, Erin Foods, from Greencore Group plc.

WASHINGON - The Food Marketing Institute and National Council of Chain Restaurants on Thursday unveiled their first comprehensive guidelines for the humane treatment of farm animals.

CHARLOTTE, N.C. - Elogex Inc. has announced that ES3 LLC, a supply chain management services firm dedicated to the food industry, has selected the Elogex solution as its complete platform for inbound and outbound transportation activities.

STELLARTON, Nova Scotia - Canada's No. 2 grocery chain, Sobeys Inc., reported a rise in fourth-quarter profit on Wednesday, aided by higher sales and cost cuts, Reuters reports.

LONDON - Tesco said today it will cut prices by 60 million pounds ($91.4 million) on 500 product lines in 660 UK stores beginning Monday July 1.

CORAL GABLES, Fla. - Fresh Del Monte Produce Inc. today announced that it agreed to acquire U.K.-based Fisher Foods Limited's chilled division from the administrative receivers, KPMG.

JACKSONVILLE, Fla. - Acosta Sales and Marketing Company has completed the acquisition of four regional Canadian sales and marketing firms to create the strongest sales and marketing force in North America.

CINCINNATI - Kroger Co., the No. 1 U.S. grocery chain, said today that its first-quarter profit increased 19 percent, driven by cost-savings from its restructuring designed to compete with Wal-Mart and other discounters.